The outlook for Mexico is positive: Meade
Mexico City.- The outlook for Mexico is more positive, product of the combination of an improvement in the foreign arena, a more favorable situation in the domestic terrain and good figures in the industrial field, the Minister of the Treasury, Jose Antonio Meade, assured.
“The environment has moved in a way that risks are we should rather post growth a little better than forecasted and not having a worse than expected growth”, he pointed-out.
Interviewed after participating in the Council of the Americas, Mr. Meade said that the 3.5% growth forecast is more favorable. “But we consider that the domestic and foreign environments have shown signs of improvement”, he said.
Minister Meade pointed-out that information on industrial production, above the market’s consensus, points towards an economy with more balanced growth, going in the right path.
Source: Excelsior | Date: 16/03/2012